NCR releases a Scrap ready ATM! 2 Dispensers primary and a backup 4 cassettes each 2,000 bill capacity per cassette No more cards NCR bar code scanner Optional integrated coin changer Optional camera Outdoor rated customer use
Justin Miller gets a payday!	Cash Dispensers...                usually for under the counter                                now as a self service device. 6 cassettes 2,800 bill capacity per cassette Bar code scanner Optional integrated coin changer Optional camera Warehouse rated customer use

Cash Payment System

(Make Customer Payments using an ATM)

The Transact Cash Payment System (EZcash) enables the Scrap Metal Yard to pay its customers through the use of an Automated Teller Machine (ATM)  or Teller cash dispenser without having to rely on Cashiers to handle and manage cash.  This application reduces the time required to make payment, reduces security risks, and provides additional accountability.

The Cash Payment Software is called EZCash and was developed by Transact Payment Systems.  The database “MS-SQL Server” the EZcash service software run on a Windows Platform unattended server.  The EZcash client Software runs as a Microsoft Windows and accesses the database using a LAN or WAN for ATM monitoring and reporting.  It is as easy as clicking on the ATM to see cash position and statuses.  The ATM is a networked device with a static IP address and is controlled through the EZcash service.

Scrap metal is typically purchased in many locations from peddlers who require cash.  With the Transact Cash Payment System payment is made to the customer by presenting a bar-coded receipt rather than cash.  The receipt is scanned at the ATM and payment is made.  A database and video record is maintained for each transaction increasing security and allowing for follow-up research when necessary.

An example of a ferrous purchase process is as follows: a scrap customer drives a truck loaded with scrap onto the scrap yards scale. The customer then drives into the yard, unloads the truck and drives back onto the scale. The scale system calculates the difference of the two scale readings to reach a dollar amount for the purchase.  If payment via ATM is selected, the amount and transaction number is encrypted and passed to EZcash through the local network. EZcash then records the dollar amount and encrypts a number that is passed back to the scale system to be printed as a barcode on the payment receipt.   When the barcode is read at the ATM EZcash authorizes payment of the transaction. 

 The maximum number of bills dispensed in one bundle from an ATM is 40.  A payment of $4,000.00 can be made from in one bundle but $3,999.00 cannot.  We recommend a $3,000.00 cap if using $100 bills and a $1,500.00 cap if using $50’s.  The limit of how much is paid in one transaction is handled in the your scale software.  You can create a payment for whatever value you want and EZCash will attempt to pay it.  By presenting a barcode more than once additional bundles will be presented to the customer.  Paying more than one bundle from an ATM at a scrap yard caries risk and Transact recommends against it but, if you chose to do it; use caution and dual control.  Cash dispensers in the office offer a safer way to control large payouts.

There will be three separate payment totals maintained for balancing purposes.  The first one is from within the scale system, the second one is from EZcash with the MS-SQL backend, and the third one is from the ATM firmware.  The combination of all three totals will be used to balance the cash drops and transactions from you scale system.  This is facilitated by the using the EZcash client software.